BGIN: a $34mm tax bill and $31mm of cash
BGIN holds $31.4 million of cash against $34.1 million in taxes payable as first-half revenue fell 85% and self-mining costs exceeded coin output.
Friday, November 13, 2026
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From X
George Noble on X
@natbrunell You should have me on your show. I was right on $OPEN and am tight on AI. Stop wasting your time with shysters like @APompliano and @ericjackson
SG on X
Investors love $CHA plans for a $1.95 special dividend. I'm still long but its pretty extended here.
Asif Suria on X
Another director joined him in buying Alphatec $ATEC this week.
Edwin Dorsey on X
@blondesnmoney $DKNG $SERV
George Noble on X
@tttaner40 @mikealfred He is an odious lying prick. @mikealfred arrogantly lecture me on $OPEN AT 6! I was short, he was long.
Investor Letters
All letters- Asset Value Investors Ltd October 2026 079940 $486M093320 $626M
- Sandon Capital — Activist Fund October 2026 FWD $134MSPSY $112M
- Minotaur Capital October 2026 CROX $7.2BHUT $7.3B
- Lakehouse Capital Small Companies Fund October 2026 COGZF $411MFNCHF $520M
- Lakehouse Capital Global Growth Fund October 2026 SNSNF $1.7B
- Spheria — Global Smaller Companies Fund month ended 31 October 2026 SFM $4.7B
- Forager Funds Management October 2026 OFX $71MPLT $97M
- FCL Capital October 2026 INTR $1.8BRSGN $949M
Looking Back at Another Successful Thesis
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GrabAGun Q3 2026: Where Did the Cash Go?
GrabAGun’s $34 million Camfour acquisition cuts pro forma net cash to about $54 million as sales decline, losses widen and its buyback…
This Week in Special Situations: Coursera, eToro, Fluor, Trade Desk
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Floor & Decor 3Q’26: Déjà Vu, But Priced For A Lost Decade
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AutoNation (AN): The CEO Takes a Driving Test
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Portfolio Update March 2026
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Why Lindblad's Record Year Should Terrify Its Shareholders
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Alta Fox PBH CN Presentation
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Water and Power: The Dual Engines Driving LandBridge’s Explosive Growth
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Global Spirits: Q425 Earnings Update
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Short CNM
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- Tapasya Investment
- The London Company
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- Troy Asset Management
- Tweedy, Browne
- Unconventional Value
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- VH Standard Asset Management
- Value Line Funds
- Victory Capital — Sycamore Mid Cap Value Equity
- Vision Capital Fund
- Vltava Fund
- Voss Capital
- Voya Investment Management — MI Dynamic Small Cap Fund
- Vulcan Value Partners
- Warden Capital
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- Wasatch Global Investors — Small Cap Growth Strategy
- Wealthspire Advisors
- Wedgewood Partners
- Weitz Investment Management
- Wellington Management — Quarterly Market Review
- WestEnd Capital Management
- Westfield Capital Management
- Westwood — Quality SmallCap Fund
- White Brook Capital
- White Falcon Capital Management
- YCG Investments
Sectors
Ordered by how often our editor reaches for them.
